AGM Group Holdings Inc. received a Nasdaq notification for not filing its annual report on time.
Quiver AI Summary
AGM Group Holdings Inc. announced that it received a notification from Nasdaq on May 18, 2026, indicating non-compliance with listing requirements due to the late filing of its annual report for the fiscal year ended December 31, 2025. While this notification does not immediately affect the company's share trading, AGM Group has 60 days to submit a Compliance Plan to regain compliance, potentially extending the deadline to file the 2025 report until November 11, 2026, if accepted. The company is actively working to complete and file the report and plans to meet Nasdaq's timeline. This announcement is made in accordance with Nasdaq's disclosure rules.
Potential Positives
- The Notification Letter does not have an immediate effect on the listing or trading of the Company's shares on Nasdaq, indicating stability in its current market position.
- The Company has a 60-day window to submit a Compliance Plan, suggesting a structured opportunity to address the deficiency and regain compliance.
- If the Compliance Plan is accepted, the Company could receive an extension of up to 180 days to file its annual report, providing additional time to ensure accuracy and completeness of the report.
- The Company continues to work diligently to complete and file its 2025 Form 20-F, demonstrating a proactive approach to compliance and transparency with investors.
Potential Negatives
- Received a notification from Nasdaq for non-compliance with listing requirements, which could jeopardize the company's status on the exchange.
- The failure to timely file the annual report raises concerns about the company's financial transparency and governance.
- The company has a limited timeframe (60 days) to submit a compliance plan, indicating potential challenges in meeting regulatory obligations.
FAQ
What is AGM Group Holdings Inc. known for?
AGM Group Holdings Inc. specializes in assembling and selling high-performance hardware and computing equipment.
What compliance issue did AGM Group face with Nasdaq?
AGM Group received a notification from Nasdaq for not timely filing its annual report on Form 20-F.
How much time does AGM Group have to rectify its compliance issue?
The company has 60 calendar days to submit a Compliance Plan to regain Nasdaq compliance.
What happens if Nasdaq accepts AGM's Compliance Plan?
If accepted, Nasdaq may grant up to 180 days to regain compliance with the Form 20-F filing.
What is the focus of AGM Group's business strategy?
AGM Group focuses on blockchain technology, developing application-specific integrated circuit chips, and high-end crypto miners.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$AGMH Hedge Fund Activity
We have seen 1 institutional investors add shares of $AGMH stock to their portfolio, and 4 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MORGAN STANLEY removed 5,400 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $10,638
- CITIGROUP INC removed 3,976 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $7,832
- UBS GROUP AG removed 195 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $181
- JONES FINANCIAL COMPANIES LLLP removed 100 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $93
- CAITONG INTERNATIONAL ASSET MANAGEMENT CO., LTD added 4 shares (+inf%) to their portfolio in Q1 2026, for an estimated $3
- SBI SECURITIES CO., LTD. added 0 shares (+0.0%) to their portfolio in Q1 2026, for an estimated $0
- ARAX ADVISORY PARTNERS added 0 shares (+0.0%) to their portfolio in Q1 2026, for an estimated $0
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
NEW YORK, May 26, 2026 (GLOBE NEWSWIRE) -- AGM Group Holdings Inc. (NASDAQ: AGMH, “AGMH” or the “Company”), an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment, today announced that it received a notification letter dated May 18, 2026 (the "Notification Letter") from Nasdaq notifying that the Company is not in compliance with the requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) since the Company did not timely file its annual report on Form 20-F for the fiscal year ended December 31, 2025 (the "2025 Form 20-F") with the Securities and Exchange Commission (the "SEC").
The Notification Letter has no immediate effect on the listing or trading of the Company's shares on Nasdaq. Pursuant to the Nasdaq Listing Rules, the Company has 60 calendar days from the date of the Notification Letter to submit a plan to regain compliance with Nasdaq Listing Rules (the "Compliance Plan"). If Nasdaq accepts the Compliance Plan, it may grant the Company an exception of up to 180 calendar days from the due date of the 2025 Form 20-F, or until November 11, 2026, to regain compliance.
AGM Group continues to work diligently to complete the 2025 Form 20-F and file it with the SEC as soon as reasonably practicable. The Company expects to submit a plan to regain compliance or file its Form 20-F within the timeline prescribed by Nasdaq.
This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a notification of deficiency.
About AGM Group Holdings Inc.
AGM Group Holdings Inc. (NASDAQ: AGMH) is an integrated technology company specializing in the assembling and sales of high-performance hardware and computing equipment. With a mission to become a key participant and contributor in the global blockchain ecosystem, AGMH focuses on the research and development of blockchain-oriented application-specific integrated circuit chips, the assembling and sales of high-end crypto miners for Bitcoin and other cryptocurrencies. For more information, please visit: www.agmhgroup.com
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "approximates," "assesses," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission.
For more information, please contact:
AGM GROUP HOLDINGS INC.
Investor Relations Department
Email: [email protected]
https://www.agmhgroup.com/